Elon Musk Reacts to SBF and Twitter News - Coinleaks
Current Date:September 15, 2024

Elon Musk Reacts to SBF and Twitter News

Elon Musk reacted to the news that Sam Bankman-Fried invested in Twitter.

Twitter’s new owner accused SBF-funded news outlet Semafor of making fake news.

Elon Musk Denies Rumors

Responding to Semafor Editor-in-Chief Ben Smith on Twitter, Musk said:

“As I said, neither I nor Twitter received any investment from SBF and FTX. Your article is a lie”

Semaphore claimed that SBF contributed $100 million to Twitter.

According to the news, a meeting took place between the two before Musk bought Twitter for $ 44 billion. It was claimed that SBF could make an investment of $100 million.

However, SBF ultimately decided not to participate in the Twitter acquisition.

Elon Musk flatly denied claims that SBF owns shares on Twitter.

“No. As a public company, it can own a stake in Twitter. But as a private company, it has absolutely no stake in Twitter.”

https://twitter.com/elonmusk/status/15955089995912978432

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